Swiss Mining Institute Conference.
The first day of the SMI Conference was a busy affair, held as usual at the magnificent Dolder Hotel, at the top of the hill overlooking the city of Zurich.
The show was well attended and lively, with both investors and exhibitors upbeat despite the recent setbacks for the price of gold. Continue reading
Mining Review 17th November 2024
Cabral Gold and Thesis Gold announced good drill results, and Westgold increased their Starlight gold mineral resource by 91%.
Gold was truly thumped down as US rate cuts look increasingly unlikely as inflation looks to be returning. Continue reading
Mining Review 10th November 2024
Westgold had a high-grade gold hit during drilling at Bluebird South. West Red Lake gave a positive mine restart update.
Gold and the precious metals slipped back slightly after the US election result which was seen as positive for the US dollar.
Mining Review 3rd November 2024
Capricorn Metals announced a $200 million financing to increase Karlawinda gold production by 2026.
Gold and silver fell slightly, industrial metals rose a little as US election fever and Chinese economic news ebb and flow. Continue reading
Mining Review 27th October 2024
Our watchlist companies produced a plethora of positive drill results this week, Including BPM Minerals, Capricorn Metals, and Thesis Gold.
The price of gold hit a new (nominal) all-time high. Continue reading
Mining Review 13th October 2024
A quiet week for news of substance from our watchlist companies.
Capricorn Metals announced production was still on track for guidance after a recent weather event. Thesis Gold announced the comletion of a drill program, and Cartier Resources mobilized a drill rig to commence one. Continue reading
Neometals (ASX / AIM: NMT)
Announced that it has received firm commitments from sophisticated, professional
and institutional investors for its placement of 44,444,445 new fully paid ordinary shares at A$0.09 per New Share to raise approximately A$4 million (before costs). Continue reading
Aris Mining (TSX: ARIS)
Aris Mining has been a good investment for me, up around 50% in a few months, helped by a healthy rise on the gold price of course.
I sold the stock this week on the back of the Colombian government’s new mining law, which introduces uncertainty, and I don’t like uncertainty when I’m investing my own money. Continue reading
Mining Review 29th September 2024
West Red Lake Gold Mines announced a high-grade gold discovery, and a Town Hall Meeting to meet local citizens to highlight the opportunities at the intended mine reopening in 2025.
BPM Minerals completed drilling at their exciting Louie Project area. Continue reading
Mining Review 8th September 2024
The major news this week was Ascot Resources placing their mine into care and maintenance so soon after opening the mine for production.
G Mining Ventures declared commercial production at TZ, and Westgold commenced mining at South Junction. Continue reading
Gold Road (ASX: GOR)
The company have published an updated corporate presentation.
This was presented to the recent Diggers and Dealers Mining Conference in Kalgoorlie, WA. Continue reading
Mining Review 11th August 2024
A quiet week on the news front, with Calibre Mining announcing first gold ore from their new Volcan pit in Nicaragua.
The price of gold continues to oscilate, whilst most industrial metals continue to fall in price due to economic concerns. Continue reading
Ascot Resources (TSX: AOT)
Announced the Company’s unaudited financial results for the three and six months ended June 30, 2024 (“Q2 2024”), located on Nisga’a Nation Treaty Lands in the prolific Golden Triangle of northwestern British Columbia. Continue reading
Cornish Metals (AIM / TSX.V: CUSN)
Confirmed the receipt of $3 million as the first phase of the sale of assets to Altius Royalties.
A further $1.5 million is due before 1 August 2025. Continue reading
Mining Review 4th August 2024
Karora Resources has traded on the TSX for the last time, after the completion of its merger with Westgold.
Capricorn Metals announced their KGM with a positive upgrade. Continue reading
Mining Review 28th July 2024
Capricorn Metals cheered the market with an upbeat exploration report in an otherwise quiet week for exploration results.
Victoria Gold looks to be teetering on the edge of the abyss, as the news following their heap leach pad disaster continues to get worse. Continue reading
Mining Review 14th July 2024
A disastrous week for Calidus Resources shareholders as the mine is put into care and maintenance, and all looks lost for investors.
Victoria Gold is holding its own despite having two million tons of leach pad strewn around the bottom of a mountain in the Yukon. Continue reading
Mining Review 7th July 2024
It’s been a bad couple of weeks or so for a few mining companies, with some investment changing news coming out of the blue.
Firstly Red Pine admitted their drill results has been “manipulated” over a number of years by the then COE, then Victoria Gold suffered a catastrophic collapse of it’s heap leach pad in Canada, and then Calidus Resources, a producing gold miner, called in the administarators. Continue reading
Mining Review 23rd June 2024
West Red Lake Gold Mines announced a projected date for their Madsen Mine restart.
Capricorn Metals reduced their hedge book, and Cornish Metals sold off a non-core Canadian asset to bring in some welcome funds. Continue reading
Mining Review 16th June 2024
A mildly positive week for gold and precious metals as the long running saga of when will the US cut rates this year continues, with an immediate cut looking out of the question currently.
New from our watchlist was dominated by G Mining Ventures and West Red Lake Gold Mines, with two news items each, but others stole the show. Continue reading
